Stockbridge Capital Group Secures $20.25 Million Refinance Loan For Industrial Portfolio In Wilmington

The asset involved in this transaction is a 13-acre industrial outdoor storage portfolio located at 501 Quay Avenue and 1540-1550 Eubank Avenue in Wilmington, CA. The portfolio is fully leased and is positioned less than six miles from the Ports of Los Angeles and Long Beach.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $20,250,000
• Lender: Eric Estela, Sarah Hunter, Matt Smith & Dylan Derrickson - Byline Bank
• Landlord: Terry Fancher - Stockbridge Capital Group
• Broker: CBRE
• Loan Type: Refinance

The financing for this transaction was led by Byline Bank's representatives: Sarah Hunter, Dylan Derrickson, Matt Smith, and Eric Estela. Stockbridge Capital Group was represented in the deal by CBRE, indicating a collaborative effort in securing the refinancing for their industrial portfolio.